The Courier News from Blytheville, Arkansas on November 1, 1955 · Page 14
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The Courier News from Blytheville, Arkansas · Page 14

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Blytheville, Arkansas
Issue Date:
Tuesday, November 1, 1955
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Page 14
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BLTTH1VILLB (ARK.)' COURIER NEWS TUESDAY, NOVEMBER 1, 1958 U. S. Corporations Average Earning One-Trird More By SAM DAtt'SON" NEW YORK (AP) — The average American corporation is making one third more money this year than last. Six out of every seven corporations so far reporting their net profit after taxes in the first nine months of this year show increases over the like period of 1954. Some have more than doubled their earnings. Many have set all- time highs for the period. A number have increased their dividends on the strength of their excellent showings. These conclusions are drawn from a study of the earnings statements 01 451 corporations, big and small, representing most major industries. Combined the 451 corporations had 56,561,611,12! in profits left over after setting aside that much or more for payment of U. S. corporate income taxes. In the first nine months of 1954 fhe same 45! companies had combined profits o: $4,934,023,339. 32.9 Per Cent Gain This year's gain over last was 32.9 per cent. In the 1954 periot many businesses were touching bottom of a mild recession, but even so corporate profits for the entire year of 1954 managed to pu ahead of 1953 by four per cent. Only 62 of the 451 reported smaller earnings this year than last Five of the 451 operated at a loss In the 1954 period 18 of the same 451 companies had gone into the red. Corporate reports are flowing in peak volume now, and this first sampling 01 the 451 early birds can be only an indication of what the final totals will be when several hundred thousands have reported. The 44 railroads in the sampling had particularly pleasant results to report. The average increase for all 44 was 58.6 per cent. The 30 utilities had a combined increase of ? per cent—continuing the slow but steady gains of this growing but regulated industry. The 374 industrial corporations in the list show a combined increase in profits of 33.6 per cent over the first nine months of 1954. Most spectacular gain was made * by the group of seven coal companies—up 181.3 per cent this year. Big Increase Steel companies showed striking gains. The 31 in the group averaged 84.9 per cent higher with many doing much better than the. average. The nonferrous mining! and metalworking companies gained by 48 per cent. | Sparked by General Motors' record showing, (he motors group averaged 55.7 per cent higher than last year. Fourteen auto equipment supplier:; did even better, up 91.5 per cent. Airlines were averaging 87.9 per cent better profitwise than the year before. The squeeze on profits in the food industry finds seven of the 21 so far reporting down from last year, and the group as a whole UPSWEPT STYLE-Government gal Jeanne Marcuzzo displays a smart cotton jacket made from mill sweepings. Tbe fabric, a new fine weave developed by Dept of Agriculture researchers, looks like linen and wears and feels like linen. For commercial production, the cloth would be made of short staple cotton, pretty much of a drug on the market. This one was made of mill sweepings just to prove it could be done. Development of new cotton fabrics like this helps to reduce America's great surplus of short- staolc cotton. Boys Shirts with Fashion-Right Colors and Collars ~= — Everything for Men and Boys MARTIN'S just about even with 1954 figures. Textile firms, on the other hand, as n group topped last year by 27.5 per cent. Other industries doing better than the 32.9 uveraye of the 451 Include: Drugs, machinery and tools, building materials, glass and retail. Earl Warren's Daughter to Wed SONTA MONICA, Citlif. I.-I1 — A man-inn*? lii.vn.se was obtained yesterday by Nina <Honey Bean Warren, i!2, daughter, of Chief Justice and Mrs. ICar] Wam-n, and Dr Stuart BriL'ti, 33. Beverly Hills, Calif., physiciiin. Miss Warren said of wedding plans; "We haven't evt-n thought about it yet," I!, will be the first marriage! lor rach. Nina WHS stricken with polio Nov 7, J950. the day hor father was reelected for his third term as g ernor of California. For a time her lops were paralyzed but she recovered fully. Certain Asiatic tribes devoted to There are four species of falconry use the golden eagle to! ihropoid apes uiUiout tails—the catch antelopes, according to the gorilla, the chimpanzee, the or- Encyclopedia Britannirn. | annul an and the gibbon. Can't wear 'em out... cadet "Iron Spun" Flannel : ^ Suits by '^ Jayson 5^ wool 15% nylon This flannel was made for boys who are hard on clothes. The rich, pure wool makes it butter soft and honey smooth, and the 15% nylon gives it .strength to keep up with active youngsters. Popular "Hap and ticket" styling; beautiful fit; in charcoal gray, charcoal brown, charcoal green; also lighter shades. Sizes '' to 20. Regulars, Huskies A Slims From *0 BvcrythlnK »or M«n and Boyi MARTIN'S OR MARTINS has suits to fit you ALL... 'B OTANY^SOO' It's a specialty of the house— to fit every man so lie will be satisfied and happy. Thai's why we feature a Jull range, of famous 'BOTANY' '500' suits— in every sixes including longs, shorts and portlies. Full range means a full selection of incomparable Botany fabrics, in rich shades from our "GALLERY OF FASHION:' Daroir tailoring and styling can offer you the most exacting and comfortable fit you've ever experienced. See theic fine suits today. S) £j ^) Allernliitn Department at your tervicn. BLYTHEVILLE NEEDS COOPERATIVE GOVERNMENT Good Government can be enjoyed only through unselfish cooperation between City Council, Mayor, Department Heads, Civic and Business Groups and Progressive Minded Citizens. AS YOUR MAYOR I will expect the City Council to move aggressively on matters of City Pol icy. Good government for Blytheville begins with an open-minded and progressive Council whose sole interest is the welfare of our community. I will administer the policies and programs of the city on a businesslike basis. Much needed systems governing work done and financial accounting tothe City Clerk will be established in all City Departments. Administration of the activities of City Departments will always be conducted with the thought in mind that the Mayor is the personal representative of every citizen. I will be diligent in my efforts to maintain good public relations with all civic, cultural, religious, bbor, business and educational organizations in our city. These valuablegroupsrepresentthecollective thinking of our community and I shall expect and welcome their counsel. I will request every citizen of Blytheville to join me in a sincere and earnest campaign to make our city one of the cleanesf, safest, most attractive and most liveable cities of its size in the country. With the Blytheville Air Force Base we are hosts to "America". We must see ourselves as others see us. TOLER BUCHANAN CANDIDATE FOR MAYOR Municipal Election November 8, 1955 I am sincerely trying to see everyone personally before the election, but 6,000 voters makes it a sizeable job. Not being a "moneyed" man, I must work some at making a living for my family. If I do not get to see you please know that your vote and influence will be sincerly appreciated. Political Ad Paid For By Tolcr Buchanan

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